Overview:
This course develops the concepts for the financial foundation of all upper level finance courses. The course is designed to provide an introductory level of finance concepts and the use in business decisions. In this course the student will explore the importance of finance in business. Topics merchandising, interest calculations, debt amortization, annuities, bonds and sinking funds, foreign currency computations, and capital budgeting. Students will use a financial calculator or spreadsheet to make financial management decisions.
Overview:
This course develops the concepts for the financial foundation of all upper level finance courses. The course is designed to provide an introductory level of finance concepts and the use in business decisions. In this course the student will explore the importance of finance in business. Topics merchandising, interest calculations, debt amortization, annuities, bonds and sinking funds, foreign currency computations, and capital budgeting. Students will use a financial calculator or spreadsheet to make financial management decisions.
Text:
Hummelbrunner, S.A., Coombs, S., & Olivier, J-P. (2008). Contemporary business mathematics (with Canadian applications) (8th ed.). Toronto: Pearson Education Canada. ISBN-10: 0137141491; ISBN-13: 9780137141494
Upon successful completion of this course the student will be able to:
EVALUATION:
Assignment 1 5%
Assignment 2 5%
Test 1 20%
Test 2 20%
Final exam 50%
Factors: https://youtu.be/RtUKuO0cSoQ
https://youtu.be/BCo5i1mMO3E?list=PLHd4ymRD_bRk3ua2a2JFrJUVknMb6SlN7
Discounts: https://youtu.be/VjliC92o7VU
Markup: https://youtu.be/zG6VkdtQCUk
Discount formulas/examples http://library.centennialcollege.ca/learningcentre/review/math/discounts
https://www.youtube.com/watch?v=Nw2IioaF6Lc
https://www.youtube.com/watch?v=LDEyu1TR0Rs
https://www.youtube.com/watch?v=ar7mVYY-AO0
Contribution Margin
http://www.investopedia.com/video/play/contribution-margin/